Costamare Investor Presentation — October 2020

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Third Quarter 2020 Financial Results

Forward -Looking Statements

This presentation contains certain“forward -lookingstatements” (assuch term isdefined inSection 21EoftheSecurities Exchange Actof1934 ,asamended) .

Allstatements, other than statements ofhistorical facts, that address activities, events ordevelopments that the Company expects, projects, believes or

anticipates willormay occur inthefuture, including, without limitation, future operating orfinancial results andfuture revenues andexpenses, future, pending or

recent acquisitions, general market conditions and shipping industry trends, the financial condition and liquidity ofthe Company, cash available fordividend

payments, future capital expenditures and dry-docking costs and newbuild vessels and expected delivery dates, areforward -looking statements .Although the

Company believes that itsexpectations stated inthis presentation arebased onreasonable assumptions, actual results may differ from those projected inthe

forward -looking statements .Important factors that, inourview, could cause actual results todiffer materially from thefuture results discussed intheforward -

looking statements include, without limitation, global supply anddemand forcontainerships, thefinancial stability oftheCompany’s counterparties andcharterers,

global economic weakness, disruptions intheworld financial markets, theloss ofoneormore customers, adecrease inthelevel ofChinese exports, theavailability

ofdebt financing, ourability toexpand through newbuildings andsecondhand acquisitions, risks associated with theoperation oftheFramework Agreement with

ourjoint venture partner, delay inthedelivery ofnewbuildings, rising crew and fuel costs, increases incapital expenditure requirements oroperating costs, a

decrease incontainership values, increased competition intheindustry, re-chartering risk, fluctuations ininterest rates, actions taken bygovernmental and

regulatory authorities, potential liability forfuture litigation and environmental liabilities, theavailability ofadequate insurance coverage, potential disruption of

shipping routes duetoaccidents orpolitical conditions andtheother factors discussed intheCompany’s most recent Annual Report onForm 20-F(File No.001-

34934 )under thecaption“RiskFactors” and theCompany’s Results fortheFirst Quarter ended March 31,2020 onForm 6-Kunder thecaption“Risk Factor

Update” .Allforward -looking statements reflectmanagement’s current views with respect tocertain future events, and theCompany expressly disclaims any

obligation toupdate orrevise anyofthese forward -looking statements, whether because offuture events, new information, achange intheCompany’s views or